3 Top German Dividend Stocks Yielding Up To 9.2%
In This Article:
As the European Central Bank's recent rate cuts fuel expectations for further monetary easing, Germany's DAX index has shown positive momentum, reflecting investor optimism in the region. In this climate of potential economic support and lower inflation, dividend stocks become particularly attractive for their ability to provide steady income streams.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Edel SE KGaA (XTRA:EDL) | 6.67% | ★★★★★★ |
| Deutsche Post (XTRA:DHL) | 4.91% | ★★★★★★ |
| SAF-Holland (XTRA:SFQ) | 5.87% | ★★★★★☆ |
| OVB Holding (XTRA:O4B) | 4.66% | ★★★★★☆ |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 6.62% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.31% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 9.24% | ★★★★★☆ |
| Allianz (XTRA:ALV) | 4.67% | ★★★★★☆ |
| FRoSTA (DB:NLM) | 3.31% | ★★★★★☆ |
| MVV Energie (XTRA:MVV1) | 3.78% | ★★★★★☆ |
Click here to see the full list of 32 stocks from our Top German Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Mercedes-Benz Group
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Mercedes-Benz Group AG is an automotive company operating in Germany and internationally, with a market cap of €54.93 billion.
Operations: Mercedes-Benz Group AG generates revenue through its primary segments, including Mercedes-Benz Cars (€109.58 billion), Mercedes-Benz Vans (€20.22 billion), and Mercedes-Benz Mobility (€26.78 billion).
Dividend Yield: 9.2%
Mercedes-Benz Group offers a high dividend yield, placing it in the top 25% of German dividend payers. Despite this, its dividend history has been volatile over the past decade, with significant annual drops. The company's dividends are well-covered by earnings and cash flows, with payout ratios at 43.3% and 80.6%, respectively. However, future earnings are expected to decline slightly, which could impact sustainability despite currently good value relative to peers and industry standards.
-
Delve into the full analysis dividend report here for a deeper understanding of Mercedes-Benz Group.
-
Our valuation report here indicates Mercedes-Benz Group may be undervalued.
MPC Münchmeyer Petersen Capital
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: MPC Münchmeyer Petersen Capital AG is a publicly owned investment manager with a market cap of €186.82 million.
Operations: MPC Münchmeyer Petersen Capital AG generates revenue through its Management Services (€33.76 million), Transaction Services (€7.26 million), and Miscellaneous segments (€1.03 million).
Dividend Yield: 5.1%
MPC Münchmeyer Petersen Capital's dividend yield of 5.09% ranks it among the top 25% of German dividend payers, supported by a reasonable payout ratio of 54.8%. Although dividends have been stable and well-covered by both earnings and cash flows, the company has only offered dividends for three years. Recent earnings growth is strong, with net income rising to €9.7 million in H1 2024 from €5.75 million a year prior, but future earnings are forecasted to decline slightly.